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I am a guy who sold his startup and I have like $20M in the bank. AMA.

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Re: I am a guy who sold his startup and I have like $20M in the bank. AMA.

#41
post #27

> "My question for reddit: what would you do if you had $20M in the bank?" Fight death. - Fight death of individuals: Cryonic preservation: http://www.cryonics.org/ -- see also http://wiki.lesswrong.com/wiki/Cryonics Basic research on aging and fighting it: http://mprize.org/ - Prevent the extinction of Earth-originating intelligent life: Oxford Future of Humanity Institute - academic research on global catastrophic…

Then what?

;)

Re: I am a guy who sold his startup and I have like $20M in the bank. AMA.

#42
post #30
post #27

> "My question for reddit: what would you do if you had $20M in the bank?" Fight death. - Fight death of individuals: Cryonic preservation: http://www.cryonics.org/ -- see also http://wiki.lesswrong.com/wiki/Cryonics Basic research on aging and fighting it: http://mprize.org/ - Prevent the extinction of Earth-originating intelligent life: Oxford Future of Humanity Institute - academic research on global catastrophic…

Where to hang out with other people interested in rational philanthropy with maximum utilitarian impact per marginal dollar As far as the human race is concerned, pretty much everything you listed (cryonics, anti-aging, preparing for AI that may never be invented, etc) has the least amount of utility per dollar spent.

Do you have stats showing anti-aging research has low benefit per dollar spent? Or do you just have some kind of prejudice against life? Aubrey de Grey says it's cheap, as these things go.

Re: I am a guy who sold his startup and I have like $20M in the bank. AMA.

#43
post #30

Earlier quoted context omitted.

Where to hang out with other people interested in rational philanthropy with maximum utilitarian impact per marginal dollar As far as the human race is concerned, pretty much everything you listed (cryonics, anti-aging, preparing for AI that may never be invented, etc) has the least amount of utility per dollar spent.

Do you have stats showing anti-aging research has low benefit per dollar spent? Or do you just have some kind of prejudice against life? Aubrey de Grey says it's cheap, as these things go.

Just an intuitive understanding that if we decrease infant mortality we will net the human race many more years of life than anti-aging research. Spare a few cents for a vaccine anyone? As opposed to dumping a bunch of money into theoretical anti-aging efforts.

Now you might argue that one additional year for an adult is more valuable to society than one additional year for a child, but I'd rather not quibble over the exact value of a year of life. There are counterarguments; how many genius do you think we lose in Africa because of inadequate medicine and education?

EDIT: If it's cheaper than optimizing on the low end, then of course I would support optimizing on the high end. But given the large number of human beings that die young for stupid reasons, I can't imagine that the high end is cheaper. Thanks for pointing out Aubrey de Grey, though. I'll do some reading.

Re: I am a guy who sold his startup and I have like $20M in the bank. AMA.

#44
post #31

Earlier quoted context omitted.

If he didn't want people to read his "ask me anything" post, he would not have made one on reddit.

Right so let's violate the privacy of every interesting person who posts things online. Oh wait, that's what was done with _why. Seemed to work out well, didn't it? I don't even want to think about how many interesting Ruby innovations were lost as a result. Bottom line: the information is meant to be read but decency and common sense should prevent you from probing deeper. If you don't follow these guidelines, inter…

I think you need to know going into posting an AMA that people will want to know who you are. I think if you use a pseudonym for anything people will want to know who you are. Just because _why couldn't handle it (as you say), doesn't mean everyone else is to blame for that.

Re: I am a guy who sold his startup and I have like $20M in the bank. AMA.

#45
post #5

Earlier quoted context omitted.

have any idea what the startup was?

1. He said that it was sold between 1 year ago and 4 years ago. In addition, his company is still going. 2. He said that before taxes he had 30 million dollars, so the startup was sold for >=30 million dollars. 3. He is married and has an 11 year old daughter (and at least one more kid). Him and his wife are at least 30 years old. 4. At least one newspaper reported on him selling his startup. I tried using CrunchBase…

>so the startup was sold for >=30 million dollars

He got 30M. That means that startup was sold for much more than that (2-300M?)

Re: I am a guy who sold his startup and I have like $20M in the bank. AMA.

#46
post #27

> "My question for reddit: what would you do if you had $20M in the bank?" Fight death. - Fight death of individuals: Cryonic preservation: http://www.cryonics.org/ -- see also http://wiki.lesswrong.com/wiki/Cryonics Basic research on aging and fighting it: http://mprize.org/ - Prevent the extinction of Earth-originating intelligent life: Oxford Future of Humanity Institute - academic research on global catastrophic…

Then what? ;)

Then you would have a whole new set of social problems to try to solve.

Re: I am a guy who sold his startup and I have like $20M in the bank. AMA.

#47
post #7
post #4

[deleted]

If we assume that everything that the OP has said is true, I dont think that this is Joshua: 1. Joshua works at Google, OP says that he does not have a job. 2. It looks like Joshua isnt married.

not me. Married, no kids. Not that rich. I also know how to invest.

Re: I am a guy who sold his startup and I have like $20M in the bank. AMA.

#48

basically you have 3 choices. - try to help others(less fortunate). Setup/contribute to charities, teach, cure, feed... - try to change the world. promote democracy in russia, try to figure out how gravity works, actively support/participate on a team that does something visionary such as new energy initiatives or space exploration. - defer the question for some time. Try to turn 20 into 200.

- have a bunch of fun You should probably do this, plus one of the other three.

That's a given, though. I don't know what kind of fun you're after, but everything I can think of won't put much of a dent into a large sum of money.

Re: I am a guy who sold his startup and I have like $20M in the bank. AMA.

#49
post #20
post #19

Would it be possible to have AMAs and AMAAs here?

Go for it

I like reddit. In fact, it is in my rotation of sites I check at least once daily.

I visit HN mainly for the technical/startup articles. I would prefer, personally, for general interest items to remain on reddit, since I check both. It's not good vs. evil! We can have both.

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